A project has estimated annual net cash flows of $114,000. It is estimated to cost $706,800. Determine

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A project has estimated annual net cash flows of $114,000. It is estimated to cost $706,800. Determine the cash payback period. Round to one decimal place.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Sep 05, 2011 08:59 AM

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A project has estimated annual net cash flows of $114,000. It is estimated to cost $706,800. Determine

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Accounting

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